China High Precision Automation Group Co., Ltd. is one of the leading enterprises in the automated instrument industry in China. Under the Shangrun brand operated by the Group, it engages in two unique yet complementary business lines, including production and marketing (i) high-precision industrial automation instruments and technical products for the middle and high-end markets of industrial automation instruments; and (ii) watch instruments, that is, multi-functional all-plastic quartz watch movements. The differential pressure transmitter segment and quartz watch movement market, where the Group competes in the high-precision industrial automation instrument market, are all oligopolistic markets. The high-precision automation products developed and produced by the Group concentrate various functional types such as inspection, display, execution, control and complete systems, providing a strong guarantee for improving automated production efficiency in the fields of petroleum, chemicals, natural gas, steel, non-ferrous metals, electricity, heating, building materials, light industry, food, textiles, pharmaceuticals, brewing, plastics, tap water, etc. The all-plastic quartz watch movement developed and produced by the Group has broken the international monopoly position of Japanese manufacturers and created a new situation for the transformation and development of the Chinese watch industry. The Group's management has rich corporate experience, is highly focused on business development, actively expands industry-related businesses, and opens up markets with unlimited potential. In addition to the forward-looking thinking of the management team, China High Precision Automation Group Co., Ltd. attaches great importance to product research and development. As a high-tech enterprise and post-doctoral research base, the group has a R&D team composed of highly qualified talents from various disciplines such as computer technology, information technology, electronic circuit technology, automatic control technology, inspection technology, mechanical technology, material technology, precision manufacturing technology, etc., as well as famous domestic universities such as Tianjin University, South China University of Technology, Shanghai Institute of Industrial Automation, Fujian Microelectronics Integrated Circuit Key Laboratory, etc. Research institutions establish comprehensive and in-depth technical cooperation relationships to form strong new product development and technological innovation capabilities. Based on good market prospects and leading industrial position, China High Precision Automation Group Co., Ltd. has begun to build a large-scale production base for high-end instruments. We are also committed to building the first high-precision automated instrument manufacturer in China using an intensive production model based on high-precision mechanical manufacturing, with industrial automation technology as the lead, leveraging the comprehensive advantages of mechatronics and multiple disciplines.
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